Kiwicop surely has had a few laughs with his post. Haven't you all noticed what country he's in? The game of car buying is very different in his country! So Yanks can't compare "the rules" any more than I can from my country.
In Kiwiland the sticker price is pretty much non-negotiable. The big negotiation is in the trade in value. Having said that, our first new off the showroom floor car was a 2015 Hyandai Accent that we got at cost, on road charges and taxes, as it was the third car the dealership had sold us, and Hyundai NZ had just upped the quota of new car sales required by dealers. It was near the end of the quarter and the dealership needed a few sales to meet the new quota. This was a very unusual situation though, personal relationship with the dealership finance manager played a big part.
The second new car from the same dealership (2017 Mazda CX-3) had been on the lot a few months, It had been on hold pending completion of a deal that fell through and was a special colour (red) that came at a small premium.
This was about 6 months after Karen's transplant and the sales manager knew we had been interested in a CX-3 in another colour that would take about 6 months to arrive. He offered it to us (again personal relationships played a
big part), at he retail price it had been several months previously and less the colour premium.
The only reason we no longer deal with this business is that the purchase prices are how getting out of our price range. The MG prices are NZ$5-8,000 below the Mazda prices, which are still climbing. (We still get birthday and Christmas cards from both the sales and finance manager though




).
Dealers get a commission from finance companies at the time of purchase but nothing more (and commissions are falling under the current economic situation).
Given the increase in
everything since September 2021 when we first bought the MG, NZ $1,000 (US$600) is way under what I imagined it would be.
We all know cars lose value once driven off the lot. to drop only NZ$8,000 (US$5,000) over 20 months is also less than I thought it would be (I was expecting NZ$38-39,000 as new purchase prices and $23-25,000 as a trade in).
Altogether we are very happy with our purchase.